Following the successful acquisition of German ACON Actienbank, multi-asset fintech group JFD Brokers has now introduced fully commission-free stock trading and has added Dutch equities to its product portfolio.
From time immemorial, stock trading has always been a rather expensive treat for traders and investors. The high fees traditionally charged by brokers often make the difference between winning and losing on a trade.
Although advanced technology has already eliminated and replaced a large part of the cost drivers, these cost savings have rarely been passed on to end users, but have flowed into the profits of brokers.
JFD Brokers, as an innovative provider of trading services, is now resolutely opposed to this status quo and has introduced free-to-share trading for its clients. From now on all commissions for the real stock trading with JFD fall away.
The new offer is not linked to any restrictions or requirements, such as the number or size of trades, and no monthly fees are due. In addition, both new and existing customers benefit from the new royalty-free trading simply by having a trading account with JFD.
“It has always been our goal to be one of the pioneers in fintech and innovation. So we can offer the best service for traders and investors. Removing all commissions and fees in stock trading is now another step towards our long-term goal of becoming one of the largest financial services providers, “said Lars Gottwik, founder and CEO of JFD Brokers.
He adds, “The JFD team is largely made up of innovative and forward-thinking millennials who know exactly what the next generation will expect in terms of finance, technology and customer focus.”
In addition to the revolutionary new offering for equities trading, JFD Brokers has also expanded its product portfolio. From now on, customers can now also trade a selection of Dutch stocks via MetaTrader 5 and the Guidants platform.
In total, more than 600 stocks from Germany, the US and the Netherlands are available, as well as forex and CFD trading on ETFs, indices, commodities, crypto currencies and bonds.
In 2018, JFD acquired the BaFin-regulated investment bank ACON Actienbank with offices in Munich and Frankfurt.
With the completion and final approval of the transaction, the group is now perfectly positioned to meet the needs of the younger generation in terms of execution quality and investment services, as well as to optimally engage with businesses, such as with innovative capital and liquidity solutions.
JFD Brokers is a trading name of JFD Group Ltd. The internationally licensed company was founded in 2011 by professional traders and offers multi-asset trading and investment solutions.
Fairness is one of the founding principles of corporate ethics, and the people behind JFD Brokers believe that everyone has the right to be fairly and directly treated, whether they are employees, customers or partners.
Based on the belief that transparency and a straightforward approach are key to a win-win relationship, JFD Brokers works with a pure agency model and direct market execution (100% DMA / STP).
The access to the institutional market, without discrimination by different account models and similar contradictions, illustrates the claim to be a real game changer in the industry. To date, the company has established itself with this clearly focused on the trader approach.
As we enter a new era of trading, JFD will continue to innovate and lead the industry as a leading example of recent global business and technology changes.
Also published on Medium.